wwwPosted Jul 11th 2008 10:00AM by Paul Foster
Filed under: Options, Lehman Br Holdings (LEH)
Lehman (NYSE: LEH) is recently trading at $16.20 in pre-open trading, below its close of $17.30.
LEH released its 10-Q for Q2 2008 last night.
LEH July 15 straddle closed at $5.25, LEH August 15 straddle closed at $7.70 according to Track Data, suggesting turbulent price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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